Smoking Tobacco in Hungary, 2016
The Hungarian smoking tobacco market has experienced solid growth in recent decades at the expense of manufactured cigarettes. The cigarettes market is in long-term decline due to high taxes, anti-smoking government regulations, and EU anti-tobacco directives that have pushed up the prices of manufactured cigarettes. As a result, consumers have been increasingly choosing cheaper tobacco alternatives, such as smoking tobacco, to save money. This is illustrated by the growth of smoking tobacco from 0.2% of tobacco volumes in 1990 to 44.7% of volumes in 2015. The sector is forecast to maintain steady growth rates in the medium term as value-seeking consumers continue to switch from cigarettes to smoking tobacco.
Smoking Tobacco in Hungary is an analytical report by GlobalData that provides extensive and highly detailed current and future market trends in the Hungarian tobacco market. It covers market size and structure along with per capita and overall consumption. Additionally, it focuses on brand data, retail pricing, prospects, and forecasts for sales and consumption until 2025.